Svenska Handelsbanken AB

Diversified Banks
SHB-A.ST
SEK 113 3.3
Share price
$ 21 bn
Market Cap
$ 114 bn
Enterprise Value

Carbon footprint

50 Ton
GHG emissions per $ 1 mln investment
1.4x the weighted average for S&P 500
FY2021
How is this calculated?
-22%
YOY change in GHG emissions
Weaker than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-5.3%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Svenska Handelsbanken AB aims to achieve net zero for Scope 1 + 2 by 2040


This target has not been verified as science based according to SBTi
Svenska Handelsbanken AB's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Svenska Handelsbanken AB's GHG emissions (location-based) (Kt of CO2e)
Svenska Handelsbanken AB's Carbon intensity (Tons per 1 USDm)

Svenska Handelsbanken AB's carbon footprint

Svenska Handelsbanken AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5,688 t (-1,639 /-22.4% y-o-y). Also positively, carbon intensity plunged to 1,123 t (-480 /-30% y-o-y).

Svenska Handelsbanken AB's Scope 3 emissions grew to 1,487 t (+141/+10% y-o-y). The performance has been erratic recently.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -299 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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